Senior Project Accountant

Capstone Mechanical, LP.; Buford (GA); On-site; USD 80,000 - 115,000; Full time

Job summary

Capstone Mechanical, LP. is seeking a Senior Project Accountant to lead project accounting, forecasting, and WIP analysis in a fast-paced construction environment.

You will work with Project Managers, Operations leaders, and Accounting to ensure profitability and GAAP compliance. The role emphasizes reviewing forecasts, managing cash flow, and driving continuous improvement in project controls, reporting, and cost allocations.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2-5 years of progressive accounting or finance experience.
• Experience in mechanical construction, HVAC, plumbing, industrial services, or other project-based industries preferred.
• Strong knowledge of percentage-of-completion (POC) accounting, WIP schedules, and project controls.
• Experience with ERP systems, job costing software, and financial reporting tools.
• Advanced Excel and financial analysis skills.
• CPA, CMA, or MBA preferred.

Responsibilities

• Lead monthly project review meetings with Project Managers and Operations leadership.
• Analyze project performance including contract value, gross margin, labor productivity, change orders, and cash flow.
• Review and validate forecasts, EAC, and backlog reporting.
• Monitor underperforming projects and provide profitability improvement recommendations.
• Support project startup, handoff, execution, and closeout processes.
• Oversee WIP schedules and POC revenue recognition.
• Review project cost coding, job cost accuracy, and labor allocations.
• Assist with month-end close, reconciliations, and financial statements.
• Analyze financial results and explain variances to budget, forecast, and prior periods.
• Partner with Operations to develop forecasts and budgets; provide insights on backlog realization and profitability trends.
• Support net working capital management through billings, collections, retainage, and cash forecasting.
• Drive internal controls, process improvement, audits, and ERP enhancements.

Skills

POC accounting

WIP schedules

Project controls

Financial analysis

Forecasting

Excel advanced

Communication skills

Business partnering

Education

Bachelor's degree in Accounting or Finance

CPA / CMA / MBA preferred

Tools

ERP systems

Job costing software

Financial reporting tools

Job description

This role is responsible for project accounting, forecasting, work-in-progress (WIP) analysis, revenue recognition, cash flow management, and operational reporting and month-end close activities. The Senior Project Accountant works closely with Project Managers, Operations Leaders, and Accounting to ensure project profitability, financial accuracy, and compliance with company policies.

• Lead monthly project review meetings with Project Managers and Operations leadership.
• Analyze project performance, including contract value, gross margin, labor productivity, change orders, and cash flow.
• Review and validate project forecasts, estimate-at-completion (EAC), and backlog reporting.
• Monitor underperforming projects and provide recommendations to mitigate risk and improve profitability.
• Support project startup, handoff, execution, and closeout processes.

Accounting & Reporting

• Oversee Work-in-Progress (WIP) schedules and percentage-of-completion (POC) revenue recognition.
• Review project cost coding, job cost accuracy, and labor allocations.
• Assist with month-end close activities, account reconciliations, and financial statement preparation.
• Analyze financial results and explain variances to budget, forecast, and prior periods.

Forecasting & Business Planning

• Partner with Operations to develop forecasts and budgets.
• Provide insight into backlog realization, labor utilization, equipment costs, and project profitability trends.
• Support net working capital management through oversight of billings, collections, retainage, and cash forecasting.

Internal Controls & Process Improvement

• Ensure compliance with company accounting policies, internal controls, and GAAP requirements.
• Drive continuous improvement in project controls, job costing, and financial reporting processes.
• Assist with audits, process documentation, and ERP system enhancements.

Business Partnership

• Serve as the primary finance partner for Project Managers and Operations leadership.
• Provide training and guidance on financial performance metrics and project accounting best practices.
• Deliver actionable insights to improve project execution, margin performance, and cash conversion.

Experience

• Bachelor's degree in Accounting, Finance, or related field
• 2-5 years of progressive accounting or finance experience.
• Experience in mechanical construction, HVAC, plumbing, industrial services, or other project-based industries strongly preferred.
• Strong knowledge of percentage-of-completion (POC) accounting, WIP schedules, and project controls.
• Experience with ERP systems, job costing software, and financial reporting tools.
• Advanced Excel and financial analysis skills.
• CPA, CMA, or MBA preferred
• Financial analysis and forecasting
• Project accounting expertise
• Business partnering and influencing
• Strong communication and presentation skills
• Attention to detail and problem solving
• Ability to operate effectively in a fast-paced construction environment
• This is a primarily sedentary role that often involves prolonged periods of sitting while using a computer and office equipment.
• Reaching for supplies, documents, and equipment above or below shoulder level may be required.
• Lifting objects up to 50 pounds may be required.

This job operates in both an office and a field environment. Must be able to sit and/or stand for extended periods of time.

Reasonable accommodation will be made to enable individuals with disabilities to perform the essential job functions unless doing so presents an undue hardship on the Company’s business operations.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.Employees understand the above job description and agree to comply with and be subject to its conditions. Employee further agrees this job description does not alter his/her at-will employment status. Employees understand the Company reserves the right to delegate, remove, expand or change all responsibilities. Employees acknowledge that he/she can fulfill the above duties with or without reasonable accommodation.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.